Arizona § 29-2601 Division authorized

Arizona Statutes

§ 29-2601 — Division authorized

Arizona § 29-2601

Title 29Arizona Revised Statutes

Ch. 6ARIZONA ENTITY RESTRUCTURING ACT

Art. 6Divisions

This text of Arizona § 29-2601 (Division authorized) is published on Counsel Stack Legal Research, covering Arizona primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ariz. Rev. Stat. Ann. § 29-2601 (2026).

Text

A.By complying with this article, a domestic entity may divide into either:

1.The dividing entity and one or more new entities, whether domestic or foreign.

2.Two or more new entities, whether domestic or foreign.

B.A foreign entity may be created by the division of a domestic entity under this article only if the division is authorized by the law of the foreign entity's jurisdiction of organization.

C.A domestic entity may be created by the division of a foreign entity under this article only if the division is authorized by the law of the foreign entity's jurisdiction of organization.

D.If a protected agreement contains a provision that applies to a merger of a domestic entity but does not refer to a division, the provision applies to a division of the entity as if the divisio

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A. By complying with this article, a domestic entity may divide into either:

1. The dividing entity and one or more new entities, whether domestic or foreign.

2. Two or more new entities, whether domestic or foreign.

B. A foreign entity may be created by the division of a domestic entity under this article only if the division is authorized by the law of the foreign entity's jurisdiction of organization.

C. A domestic entity may be created by the division of a foreign entity under this article only if the division is authorized by the law of the foreign entity's jurisdiction of organization.

D. If a protected agreement contains a provision that applies to a merger of a domestic entity but does not refer to a division, the provision applies to a division of the entity as if the division were a merger until the agreement is amended after the effective date of this section.